A successful company is always evolving, and Altria represents more than a century-and-a-half of business innovation and sustained, disciplined growth.
Our family of companies includes Philip Morris USA; U.S. Smokeless Tobacco Company; John Middleton; Nat Sherman; Ste. Michelle Wine Estates and Philip Morris Capital Corporation. While our companies have evolved over the years, our success is still firmly rooted in our companies’ ability to understand changing consumer preferences and societal views toward tobacco.
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​Altria Group is focused on setting standards and priorities for our companies, including valuing and respecting employees, working to reduce the harm associated with cigarettes and other tobacco products and partnering locally to improve the quality of life in the communities where we do business.​​​​

National Impact

Altria's operating companies provide well-paying manufacturing/production jobs for employees across the country.

Annualized Dividends

In 2018, Altria paid out approximately 80 percent of its adjusted diluted EPS in the form of dividends. Learn More



Oper​ating Companies
PM USA​​​​
Philip Morris USA​, the nation’s leading cigarette manufacturer, is more than 167 years old. 

The history​ of the company can be traced back to Philip Morris’ 1847 opening of a single shop on London’s Bond Street, which sold tobacco and ready-made cigarettes. In 1902, Philip Morris & Co., Ltd. incorporated as a small tobacco company in New York City. In 1960, Philip Morris was the smallest among the six major tobacco companies in the United States. ​By 1983, the company grew to become the largest cigarette manufac​turer in the U.S. in terms of revenue and market share. 

PM USA’S Br​ands

Marlboro leads our cigarette product portfolio.
Marlboro    Basic   Benson & ​Hedges    Cambridge    Chesterfield    Commander    Dave's    English Ovals    L&M    Lark    Merit    Parliament    Players    Saratoga  ●​  Virginia Slims​​

Cigarette Market Share

This chart summarizes retail share performance for PM USA's cigarette brands for 2018. PM USA's cigarette retail share was 50.1 percent.1

U.S. Smokeless Tobacco Company​ has an American heritage and a relationship with the American farmer that dates back to 1822. 

It began when George Weyman, inventor of Copenhagen Snuff, opened his tobacco shop in Pittsburgh, Pennsylvania. Over the next two centuries, the evolution of USSTC closely mirrored the explosive growth of the United States. In 2009, USSTC joined Altria Group and today is the world's leading producer and marketer of moist smokeless tobacco products.

​​USSTC'S Brands​

In the U.S., Copenhagen and Skoal are the two leading premium smokeless tobacco brands.

Copenhagen  ●  Cope    Copenhagen Pouches    Skoal    Skoal Bandits    Skoal Pouches    Red Seal  ●  Husky

Smokeless Market Share​

This chart summarizes retail share performance for ​USSTC's brands for 2018. USSTC's retail share was 54.0 percent.2

John Middleton's​ roots in tobacco date back to 1856​ and today is a leading manufacturer and marketer of pipe tobacco and cigars. 

In December 2007, Middleton became a wholly-owned subsidiary of Altria Group.

Middleton's Brands​

Black & Mild is the best-selling tipped large machine-made cigar in the U.S.​
Black & Mild    Middleton's Cherry Blend    Gold & Mild    ​Prince Albert

Pipe Tobacco:
  Black & Mild    Carter Hall    Middleton's Cherry Blend    Gold & Mild    Kentucky Club    Prince Albert    Royal Comfort    Sugar Barrel    Walnut

Black & Mild Performance ​

Black & Mild's 2018
full-year volume was​
​1.59 billion sticks
and year-over-year
growth was​
4.1 percent.
​Nat Sherman​​​
Nat Sherman
Nat Sherman​ is a super-premium cigarette and cigar business founded in New York City in 1930. 

The service-centric company has found success with its focus on luxury and quality. Nat Sherman became part of the Altria family of companies in 2017.​​

Nat Sherman's Brands

Classic​  ●  MCD​  ●  Originals 

Timeless​  ●  Metropolitan​  ●  Epoca
Ste. Michelle Wine Estates is a collection of distinctive estate wineries whose vineyards produce some of the best wines in the world. 

The companies that eventually became Ste. Michelle were among the first to make wines and plant classic vinifera varieties in the state of Washington. Today, Ste. Michelle ranks among the top 10 producers of premium wines in the U.S.

Ste. Michelle's Wineries​

14 Hands    Anew    Borne of Fire    Canon 13    Chateau Ste. Michelle    Col Solare    Columbia Crest    Conn Creek    Domaine Ste. Michelle    Drumheller Wines    Erath    FlatBed Cidar Co.    Hawk Crest    Intrinsic Wine Co.    Northstar    Merfo Wines    Motto    O Wines    Patz & Hall    Prayers of Sinners & Saints    Red Diamond    Seven Falls Cellars    Snoqualmie    Spring Valley Vineyard    Stag's Leap Wine Cellars    Stimson Estate Cellars    Two Vines  ●​​  Villa Mt. Eden​​​
Philip Morris Capital Corporation​, formed in 1982, is an investment company that manages a portfolio of leased assets including domestic and international aircraft, power plants and real estate.
PMCC focuses on managing its portfolio of leased assets to maximize gains and cash flow from earning assets, as well as asset sales and termination.

Service Companies

Altria Client Services provides Altria Group and its companies with high-quality services in a financially disciplined way. 

These areas include: 
Advanced Analytics  ●  Compliance​    Consumer & Market Insights  ●  Corporate Citizenship  ●  Digital Marketing Services  ●  Engineering    Finance    Investor Relations & Communications    Government Affairs    Human Resources    Information Technology    Legal  ●  Packaging Design & Innovation    Procurement  ●  Product Development    ​Regulatory Affairs​    Safety, Health and Environmental​
Altria Group Distribution Company provides sales, distribution and consumer engagement services to Altria’s tobacco companies.
AGDC focuses on increasing efficiency and helping these companies better connect with adult tobacco consumers and strengthen relationships with thousa​nds of retailers and wholesalers nationwide. The company designs and executes trade programs to grow Altria’s tobacco companies’ businesses and their customers’ businesses.

Strategic Investments
In 2016, Altria strengthened its beer investment by supporting Anheuser-Busch InBev business combination with SABMiller. Our 10.2 percent ownership of AB InBev – now the largest global brewer – provides us with substantial income, cash flow and a strong asset on our balance sheet.
In 2018, Altria announced that it signed and closed a $12.8 billion investment in JUUL Labs, Inc., the U.S. leader in e-vapor to accelerate harm reduction and drive growth.3 Altria’s investment represents a 35 percent economic interest in JUUL and JUUL will remain fully independent.​

Fueled by its unique and innovative Silicon Valley approach to product development and founded by former smokers, JUUL has rapidly built an industry-leading position by satisfying adult tobacco consumers with its differentiated e-vapor products.

JUUL has quickly grown both revenue and share, and today represents approximately 34% of the total U.S. e-vapor category.4 JUUL has a deep innovation pipeline and currently operates in eight countries, with rapid international expansion plans.​
Cronos Group​​​​
C​ronos Group
In 2018, Altria announced that it entered into an agreement to acquire a 45 percent equity stake in Cronos Group Inc.​, a leading global cannabin​oid company, headquartered in Toronto, Canada.

​This investment positions Altria to participate in the emerging global cannabis sector, which we believe is poised for rapid growth over the next decade. It also creates a new growth opportunity in a category that is adjacent and complementary to our core tobacco businesses.

Cronos Group will remain a Canadian publicly-traded company.